date:May 30, 2016
o China dropped to 497,335 metric tons in March 2016 from 1.131 million metric tons a year earlier, USDA data shows.
Those sorghum supplies are clogging elevators and could now weigh down wheat prices, as storage space is tight andfarmersare just weeks from harvesting a bumper wheat crop.
Cash premiums for both wheat and sorghum 0#GGC-SORG-KS 0#GGC-WHRW-KS are at five- to six-year lows at many elevators throughout Kansas, which is also Americas top wheat producer.
A year ago they (elevators